Grass Valley Homes with Apartments Subtype Description

Welcome to Grass Valley, California, a charming gem nestled in the heart of Nevada County. Known for its rich history and vibrant arts scene, Grass Valley offers a unique blend of small-town charm and modern conveniences. With its picturesque landscapes, friendly community, and a plethora of outdoor activities, it’s no wonder that this enchanting city attracts residents and visitors alike.

One of the most appealing aspects of Grass Valley is its diverse housing market, particularly homes with apartment subtypes. These properties not only provide ample living space for families but also present an incredible opportunity for rental income. Imagine owning a beautiful home with a separate apartment that can be used for guests, extended family, or as an investment property. This flexibility is perfect for those looking to maximize their real estate potential while enjoying the benefits of living in a vibrant community.

Grass Valley boasts a variety of architectural styles, from historic Victorian homes to modern builds, ensuring that there’s something for everyone. The city is surrounded by stunning natural beauty, with nearby hiking trails, lakes, and parks that invite outdoor enthusiasts to explore. Additionally, the charming downtown area is filled with boutique shops, art galleries, and delightful eateries, making it a hub for social gatherings and community events.

Whether you’re looking to settle down, invest, or simply enjoy the beauty of Northern California, Grass Valley offers a welcoming environment and a quality of life that is hard to beat. Discover your dream home with an apartment today and embrace the vibrant lifestyle that Grass Valley has to offer!

Newest Grass Valley Homes with Apartments Subtype Description

$3,960,000

16,496 SqFt. ⋅ 226108414 MLS

Rare Downtown Grass Valley Multifamily Investment OpportunityDiscover an exceptional addition to your commercial portfolio in a highly desirable, high-demand downtown Grass Valley location. This premium 18-unit apartment community features a uniform layout of highly sought-after 2-bedroom units, catering perfectly to the area's robust and consistent rental demographic. Reflecting a stellar history of 100% occupancy with zero historical vacancy, the asset yields strong, predictable cash flow from day one. Under meticulous long-term management, the property exemplifies true pride of ownership and has been preserved in immaculate, turn-key condition. Ideal for the discerning investor seeking a stabilized, low-maintenance asset in a premier Northern California submarket.

205 Washington Street, Grass Valley

Listing courtesy of Core Real Estate Brokerage.

$2,200,000

9,720 SqFt. ⋅ 226108329 MLS

RARE NEVADA COUNTY INVESTOR OPPORTUNITY! Turnkey, high-performing 10-unit apartment building offering strong cash flow and an exceptionally desirable asset mix. Perfect for a portfolio addition or 1031 exchange in a high-demand rental market. Ideal Asset Mix: 10 uniform 2-bedroom units maximize rental yield and tenant retention. 100% Occupied: Stable, proven income stream with a track record of zero vacancy. Turnkey Condition: Meticulously maintained throughout, showing true pride of ownership. Tenant Amenities: On-site laundry facility and private individual tenant storage areas. Ample Parking: Plentiful off-street parking accommodates both residents and guests. Low Overhead: Professional, low-maintenance landscaping keeps operating expenses minimal. Prime Location: Highly convenient access to local schools, shopping districts, and parks. Don't miss this rare, low-maintenance multi-family gem in a high-tenancy area!

669 S Auburn Street, Grass Valley

Listing courtesy of Core Real Estate Brokerage.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .